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These organizational strategies have helped Macy’s woo and energize technology stars, enhance its e-commerce revenue growth to greater than 30% a year over the previous two years, and attain the highest spot on the 2011 L2 Digital IQ Index for specialty retailers.
If traditional retailers hope to survive, they have to show the one large characteristic that web retailers lack—shops—from a legal responsibility into an asset. Free shipping in many instances: many on-line retailers supply reductions on items over a sure dollar amount, which may also help you lower your expenses in your purchases. Traditional retailers live and die with modifications in similar-store sales, in-store sales per labor hour, and compensation systems based on such metrics. Membership applications supply retailers a number of advantages, together with elevated spending. The advantages of digital retailing are growing as innovations flood the market.
They need some great benefits of digital—resembling almost limitless choice, worth transparency at the … Read More